Asked by Steve

Kendra’s income put her in the top tax bracket (35%) last year. During the same year, she earned $760 in dividends and $490 in coupons on a corporate bond. Three years ago, she purchased a common stock for $835. She sold the same stock last year for $1180. What is the total Kendra will pay in taxes on last year’s investments?

My answer is $337.25

Answers

Answered by jay
Your answer "$337.25" is correct
Answered by he
Yes it is! I'm on connexus and I just took the AQR B Stocks and Bonds quiz!
The answers, for me at least, are as follows
1. B, $210
2. A, 10.46%
3. D, Stock A and Stock B
4. D, common stock, foreign gov, U.S. treasury bond
and 5. A, $337.25
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